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December 5, 2012
05:42 EDTALVAutoliv opens new seatbelt plant in Indonesia
Autoliv has opened a new seatbelt plant in Cibitung near Jakarta, Indonesia. The new plant will enable the company to grow its sales in Indonesia from $12M last year to $25M by 2015 in already booked business and to $50M when the plant will be fully utilized. The plant will replace the company's existing Indonesian plant and serve Toyota, Daihatsu and Nissan, Autoliv's main customers in Indonesia. The new plant has a floor space of nearly 2,500 square meters on a land plot of 11,000 sqm and, at the start, 170 employees. All of the employees will be transferred from Autolivs existing Indonesian plant. The capital expenditures for the new plant amount to $3M.
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November 25, 2015
05:31 EDTALVAutoliv appoints Mats Backman as CFO
Autoliv has appointed Mats Backman as Group Vice President and CFO. Backman will assume his position with Autoliv during the first half of 2016. He is currently CFO of Sandvik Group, which he first joined in 2007 and has been its CFO since 2013. After thirteen years with the company, whereof seven years as CFO, Mats Wallin, will leave his position to pursue other opportunities based on a mutual agreement with Autoliv. Mats will remain in his current position until his successor joins Autoliv.
November 20, 2015
07:30 EDTALVUBS to hold a conference
Industrials & Transportation Conference is being held in Boca Raton, FL on November 18-20 with webcasted company presentations to begin on November 20 at 8 am; not all company presentations may be webcasted. Webcast Link

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